Investor Relations
Change - Announcement Of Cessation Of Executive Director
BackMay 27, 2019
| Announcement Title | Change - Announcement of Cessation |
| Date & Time of Broadcast | May 27, 2019 17:24 |
| Status | New |
| Announcement Sub Title | CESSATION OF EXECUTIVE DIRECTOR |
| Announcement Reference | SG190527OTHRUPFN |
| Submitted By (Co./ Ind. Name) | Lotus Isabella Lim Mei Hua |
| Designation | Company Secretary |
| Description (Please provide a detailed description of the event in the box below) | Cessation of Mr Zhang Yong as an Executive Director of the Company |
| Additional Details | |
| Name Of Person | Zhang Yong |
| Age | 56 |
| Is effective date of cessation known? | Yes |
| If yes, please provide the date | 27/05/2019 |
| Detailed Reason (s) for cessation | Re-assignment of work portfolio |
| Are there any unresolved differences in opinion on material matters between the person and the board of directors, including matters which would have a material impact on the group or its financial reporting? | No |
| Is there any matter in relation to the cessation that needs to be brought to the attention of the shareholders of the listed issuer? | No |
| Any other relevant information to be provided to shareholders of the listed issuer? | No |
| Date of Appointment to current position | 24/04/2015 |
| Does the AC have a minimum of 3 members (taking into account this cessation)? | Yes |
| Number of Independent Directors currently resident in Singapore (taking into account this cessation) | 3 |
| Number of cessations of appointments specified in Listing Rule 704 (7) or Catalist Rule 704 (6) over the past 12 months | 1 |
| Job Title (e.g. Lead ID, AC Chairman, AC Member etc.) | Executive Director |
| Role and responsibilities | Overseas Finance Portfolio |
| Familial relationship with any director and/ or substantial shareholder of the listed issuer or of any of its principal subsidiaries | None |
| Shareholding interest in the listed issuer and its subsidiaries? | No |
| Past (for the last 5 years) | CITIC Investment Holdings Limited Beijing CITIBEN GS Product Co. Ltd Xi'an Silk Road (Sheraton) Hotel Co., Ltd. CITIC Min Xin Bioengineering Co Ltd |
| Present | CITIC Environment Investment Group Co Ltd CITIC Environment (International) Company Limited CKM (Cayman) Company Limited Cenvit (Cayman) Company Limited Singapore Envirotech Accelerator Pte Ltd CITIC Financial Holding Management Co., Ltd. |